Automotive Electric Water Pump Market, By Type (12 V and 24 V), By Application (Engine cooling, Battery cooling, and Turbocharger cooling), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI150719 | Publish Date: April 2024 | No. of Pages: 176

Global Automotive Electric Water Pump Overview

Automotive Electric Water Pump Market was valued at US$ 16.8 Billion in 2024 and is projected to grow at a CAGR of 4.80% to reach US$ 26.7 Billion by 2034.

With the overriding goal of protecting citizens from threats like crime and natural disasters, public safety is one of every government's primary responsibilities. A motor and battery power an electric water pump, which controls the volume flow needed by the engine. Demand-driven cooling reduces fuel consumption and pollution, and it works best while the engine is cold-starting. The automotive electric water pump regulates the on-demand water volume flow for the engine and other car parts like the power electronics. In passenger and light-duty cars, the electric water pump is also utilized to cool the air that is turbocharged. 90% less energy is used by an electric water pump than by a manually operated water pump. In comparison to a mechanical water pump, an electric water pump offers a number of benefits, including reduced emissions, better engine temperature control, the removal of the engine heat sock, and longer engine life. 

Global Automotive Electric Water Pump Dynamics

Given that it keeps the engine cold and stops it from seizing, an automobile water pump is a crucial part of the cooling system in a car. The longevity of an automotive engine depends on the cylinder area being kept cool. To run efficiently, an engine needs to be kept at its working temperature all the time. This is made possible via the cooling system's coolant, cooler, thermostat, coolant lines, and water pump for cars. Additionally, a combustion engine drives the conventional mechanical vehicle water pump, which moves coolant around the engine. The motor and battery power the electronic water pump in automobiles to provide cooling when necessary. 

Global Automotive Electric Water Pump Segmentation

The Automotive Electric Water Pump Market is segmented based on type, application, and region. On the basis of type, the Global Automotive Electric Water Pump Market is segmented into 12 V and 24V. On the basis of application, the Global Automotive Electric Water Pump Market is segmented into Engine cooling, Battery cooling, and Turbocharger cooling.

Regional Insights:

On basis of region the Global Automotive Electric Water Pump Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In terms of volumes, the automotive electric water pump market was dominated by Asia Pacific. The increase in demand for fuel-efficient vehicles in developing nations has directed the revenue streams for regional market participants. Additionally, the recent commercialization of electric vehicles in the region has opened up amazing opportunities for market players to explore.

Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024– 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type – 12 V and 24 V  

By Application – Engine cooling, Battery cooling, and Turbocharger cooling.  

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

 

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Automotive Electric Water Pump report based on test, application, and region.

Automotive Electric Water Pump Market, By Product type:

  • 12 V
  • 24 v

Automotive Electric Water Pump Market, By Application:

  • Engine cooling
  • Battery cooling
  • Turbocharger cooling

Automotive Electric Water Pump Market, By Region:

  • North America
    • Middle East & Africa
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • U.S.
      • Canada

Global Automotive Electric Water Pump Key Players

The key players operating the Global Automotive Electric Water Pump Market includes Aisin Seiki Co. Ltd., Concentric AB, Continental AG, Delphi Automotive, Denso Corporation, Hella KGaA Hueck & Co., Hitachi Automotive Systems, Johnson Electric, JTEKT Corporation, and KSPG AG.

Global Automotive Electric Water Pump Company Profile

  • Aisin Seiki Co. Ltd. *
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Concentric AB
  • Continental AG
  • Delphi Automotive
  • Denso Corporation
  • Hella KGaA Hueck & Co.
  • Hitachi Automotive Systems
  • Johnson Electric
  • JTEKT Corporation
  • KSPG AG.                                                                                              

 “*” marked represents similar segmentation in other categories in the respective section

Global Automotive Electric Water Pump Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for medical carts Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restrains
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Market Segmentation, By Type, Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • 12 V
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • 24 V
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Market Segmentation, By Application, Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Engine cooling
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Battery cooling
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Turbocharger cooling
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  2. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  3. Company Profiles
  • Aisin Seiki Co. Ltd. *
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Concentric AB
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Continental AG
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Delphi Automotive
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Denso Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Hella KGaA Hueck & Co.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Hitachi Automotive Systems
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Johnson Electric
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • JTEKT Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • KSPG AG.    
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

Automotive Electric Water Pump Market report segments the market basis of type, application, and region.

Increase in demand for fuel-efficiency, weight reduction of electric water pump by auto manufacturers, and rising demand for better performance and fuel consumption of the vehicle are likely to boost the demand for electric water pump in the automotive industry during the forecast period.

The Asia Pacific region is expected to hold the highest share in the Automotive Electric Water Pump Market.

The leading players operating in the Global Automotive Electric Water Pump Market includes Aisin Seiki Co. Ltd., Concentric AB, Continental AG, Delphi Automotive, Denso Corporation, Hella KGaA Hueck & Co., Hitachi Automotive Systems, Johnson Electric, JTEKT Corporation, and KSPG AG.